Fitch Publishes 'Credit Encyclo-Media Volume VIII'

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has published the eighth edition of its annual 'Credit Encyclo-Media' report.

The Credit Encyclo-media is a comprehensive report that outlines the key credit, operating, and market trends in the Media and Entertainment sector. Fitch's new report addresses issues related to disruptive technologies, over-the-top content distribution, e-books, retransmission and reverse compensation, cloud storage, and media measurement. It also provides an overview, outlook and volatility analysis for 26 different sub-sectors. Through various analyses/charts, Fitch ranks these sub-sectors by economic sensitivity, hit-driven variability and secular issues.

In addition, Fitch analyzes key credit trends in the Media and Entertainment sector including:

--Liquidity

--Short-term Ratings / Commercial Paper

--Regulatory and FCPA

--Event Risk

--Accounting & Tax Issues

--Unions

--Acquisitions

--Default Trends

--Debt Exchanges

--Parent Subsidiary Relationships

--Lease Treatment

--Pensions

--Hybrid Securities

--Recovery and Notching

--Corporate Governance

--Covenants

The accompanying company-specific analysis will be published shortly as the Media and Entertainment Handbook Volume II.

The report, 'Credit Encyclo-Media Volume VIII', is available at 'www.fitchratings.com' or by clicking on the link.

Additional information is available at 'www.fitchratings.com'

Credit Encyclo-Media: Fitch's Comprehensive Analysis of the (Volume VIII, 2015-2016)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=871521

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150922006358/en/

Fitch Ratings
David Peterson
Senior Director
+1-312-368-3177
Fitch Ratings, Inc.
70 W Madison St.
Chicago, IL 60602
or
Media Relations:
Alyssa Castelli, +1 212-908-0540
[email protected]

Source: Fitch Ratings

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